Is the monthly income what I will receive in retirement?

No. It multiplies your projected balance by an annual withdrawal rate you choose and divides by twelve. It is a rough, static illustration—not a forecast of pensions, annuities, or taxes.

Why is the return called expected?

Markets are not constant. The percentage is an assumption you choose to explore scenarios, not a promise of performance.

Does the calculator include inflation?

Yes, in a simplified way: we combine your expected investment return and expected inflation to approximate a real return for the projection. It is still a rough model.

What if my retirement age is lower than my current age?

We treat that as no remaining accumulation period: the result is your current savings only.

How are contributions timed?

Each month we apply growth from the monthly rate, then add your monthly contribution (end-of-month payment style).

Can I model employer pensions or Social Security?

Not in this tool. Add those amounts mentally or use a full financial plan; this page focuses on invested savings only.

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Retirement planner calculator

Plan retirement in three steps: your situation, your goals, and your savings. Projects your portfolio to retirement with inflation-adjusted returns, optional rising contributions, and a comparison to your desired monthly income—not financial advice.

Work through the three steps, then review your projected balance, illustrative monthly income from your portfolio, and (if you entered one) how that compares to your desired income. This is educational—not a public pension estimate or personalized advice.

3 steps

Fill in each block in order. Optional fields add context; they do not change the core projection unless noted.

Your current situation

Age, income, and work context—similar to a guided retirement worksheet.

Current ageAnnual gross income (before tax)Used only to show an approximate savings rate. Net or business income? Enter an annual figure you consider comparable.Years already working / contributingOptional. For context only—not used in the math (we do not estimate public pensions).Work situationExpected annual salary growth (%)We increase your monthly savings by this rate once per year. Set to 0 for a flat contribution.Expected annual inflation (%)Combined with investment return to approximate a real return on your portfolio.

Your future plans

When you want to retire and the monthly income you would like to aim for (optional).

Target retirement ageDesired monthly income in retirement (optional)Compares to the illustrative income from your portfolio. Not a pension forecast.

Savings and investments

What you save today, expected investment return, and how we estimate illustrative retirement income.

Current retirement savingsMonthly contribution to investmentsExpected annual investment return (%)Nominal return before inflation; we subtract inflation to estimate real growth.Yearly % of savings for the income estimate (example only)

Estimated balance at retirement

151.568,85 €

32 years until retirement

Approximate real annual return used (after inflation): 3.92%

Total contributions: 68.072,44 €

Investment growth: 83.496,42 €

Illustrative monthly income: 505,23 €

Based on withdrawing 4% of the portfolio per year (illustrative)

Many retirees start below 4%, adjust for inflation, and revisit spending over time. This figure is not a recommendation or guarantee.

Chart

The year-by-year table stays below. Load the balance-by-age line chart when you want it.

Year-by-year projection

Year	Age	Contributions (this year)	Contributions (cumulative)	Growth	Balance
1	36	1.200,00 €	16.200,00 €	620,73 €	16.820,73 €
2	37	1.224,00 €	17.424,00 €	1.314,59 €	18.738,59 €
3	38	1.248,48 €	18.672,48 €	2.085,48 €	20.757,96 €
4	39	1.273,45 €	19.945,93 €	2.937,45 €	22.883,38 €
5	40	1.298,92 €	21.244,85 €	3.874,75 €	25.119,59 €
6	41	1.324,90 €	22.569,75 €	4.901,80 €	27.471,55 €
7	42	1.351,39 €	23.921,14 €	6.023,25 €	29.944,39 €
8	43	1.378,42 €	25.299,56 €	7.243,93 €	32.543,49 €
9	44	1.405,99 €	26.705,55 €	8.568,88 €	35.274,43 €
10	45	1.434,11 €	28.139,67 €	10.003,39 €	38.143,05 €
11	46	1.462,79 €	29.602,46 €	11.552,95 €	41.155,41 €
12	47	1.492,05 €	31.094,51 €	13.223,33 €	44.317,84 €
13	48	1.521,89 €	32.616,40 €	15.020,52 €	47.636,92 €
14	49	1.552,33 €	34.168,73 €	16.950,79 €	51.119,51 €
15	50	1.583,37 €	35.752,10 €	19.020,67 €	54.772,77 €
16	51	1.615,04 €	37.367,14 €	21.237,00 €	58.604,15 €
17	52	1.647,34 €	39.014,49 €	23.606,90 €	62.621,39 €
18	53	1.680,29 €	40.694,77 €	26.137,80 €	66.832,57 €
19	54	1.713,90 €	42.408,67 €	28.837,45 €	71.246,12 €
20	55	1.748,17 €	44.156,84 €	31.713,95 €	75.870,79 €
21	56	1.783,14 €	45.939,98 €	34.775,74 €	80.715,72 €
22	57	1.818,80 €	47.758,78 €	38.031,63 €	85.790,41 €
23	58	1.855,18 €	49.613,96 €	41.490,81 €	91.104,76 €
24	59	1.892,28 €	51.506,23 €	45.162,85 €	96.669,08 €
25	60	1.930,12 €	53.436,36 €	49.057,75 €	102.494,11 €
26	61	1.968,73 €	55.405,09 €	53.185,94 €	108.591,02 €
27	62	2.008,10 €	57.413,19 €	57.558,28 €	114.971,47 €
28	63	2.048,26 €	59.461,45 €	62.186,11 €	121.647,56 €
29	64	2.089,23 €	61.550,68 €	67.081,25 €	128.631,93 €
30	65	2.131,01 €	63.681,70 €	72.256,03 €	135.937,72 €
31	66	2.173,63 €	65.855,33 €	77.723,28 €	143.578,61 €
32	67	2.217,11 €	68.072,44 €	83.496,42 €	151.568,85 €

How the projection works

We compound your portfolio monthly using an approximate real return: your nominal expected return is adjusted for expected inflation. Monthly contributions can grow once per year by your salary-growth assumption. Public pensions, taxes, and fees are not modeled.

Planning tips

Use conservative return assumptions for long-term projections; actual results will vary.
Increase contributions over time when income allows—small raises to savings can matter more than chasing higher returns.
Revisit your plan after major life events, tax changes, or shifts in retirement age goals.

Important information

Monwey provides this retirement planner for educational purposes. It is not financial, tax, or investment advice. Real portfolios fluctuate, fees and taxes reduce net results, and retirement rules differ by country. Consult a qualified professional for decisions that affect your future.

Frequently asked questions

Is the monthly income what I will receive in retirement?: No. It multiplies your projected balance by an annual withdrawal rate you choose and divides by twelve. It is a rough, static illustration—not a forecast of pensions, annuities, or taxes.
Why is the return called expected?: Markets are not constant. The percentage is an assumption you choose to explore scenarios, not a promise of performance.
Does the calculator include inflation?: Yes, in a simplified way: we combine your expected investment return and expected inflation to approximate a real return for the projection. It is still a rough model.
What if my retirement age is lower than my current age?: We treat that as no remaining accumulation period: the result is your current savings only.
How are contributions timed?: Each month we apply growth from the monthly rate, then add your monthly contribution (end-of-month payment style).
Can I model employer pensions or Social Security?: Not in this tool. Add those amounts mentally or use a full financial plan; this page focuses on invested savings only.

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